SEC’s Atkins Signals Change in Crypto Policies, Says Agency Can Act Alone

SEC Chairman Paul Atkins has taken a decisive stance on crypto innovation during his first public appearance in the role. At a crypto roundtable, Atkins emphasized the need for updated securities policies to better accommodate digital assets. The SEC plans to revisit rules governing crypto brokers and custody arrangements, with Atkins asserting the agency’s authority to implement changes independently of Congressional action.

The new chairman highlighted how outdated regulations have stifled industry growth for years. market conditions now demand urgent policy revisions, according to Atkins, who pledged to collaborate with fellow commissioners to modernize the regulatory framework. This proactive approach signals potential relief for crypto markets that have operated under increasing regulatory uncertainty.